Learn the core concepts of consumer and business mortgage lending and brokering.
Stay current on the latest news, videos, forms, and updates for California Mortgage Lending.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Downpayment Toward Equity Act of 2021 One of President Joe Biden’s campaign promises was to help Americans buy quality housing through financial assistance. To make good on this promise, his administration is to introduce the Downpayment Toward Equity Act of 2021....
The yield spread forecasts no double-dip recession; Stimulus payments distort personal savings rates; Rising home sales volume: a mirage?
Mortgage rates rise from historic lows; Pre-2021 rise in buyer purchasing power is done; Home prices are in bubble territory, again
The April 2021 DFPI Bulletin focuses on COVID-19 relief, PACE solicitor sanctions and financial education grants. Editor’s note — The California Department of Financial Protection and Innovation (DFPI, formerly the Department of Business Oversight), supervises,...
The 2020 recession and COVID-19 pandemic ushered in a wave of hasty home purchases from city dwellers looking to escape the high-density (and high-cost) urban lifestyle. But with homes flying off the market, are home shoppers giving themselves enough time to do their...
The dual crises of the COVID-19 pandemic and 2020 recession threatened a rise, if not surge, in Federal Housing Administration (FHA)-insured mortgage popularity. Not to be outdone, conventional loan financing has actually seen an uptick among first-time buyers. But...
The Buyer Purchasing Power Index (BPPI) was +5.2 in March 2021.
How will home prices change over the next 20 years? The answer is in the Buyer Purchasing Power Index, which demonstrates how interest rate changes affect buyer funds, and in turn home pricing.
For-sale inventory hits new lows; Stocks and home price bubble detached from recessionary reality; A long road ahead for California’s jobs recovery